Category: News

The Central Bank of Egypt (CBE) announced on Thursday that the state has repaid US$6.442 billion in interest and principal repayments on external debt by the end of the first quarter of the 2025/2026 fiscal year (July-September 2025), RT reported. The CBE explained that the debt service payments were divided…

Minister of Planning and Economic Development Ahmed Rostom had talks on Thursday, April 30, 2026, with representatives of the World Bank (WB) on means of strengthening partnerships in support of the country’s ongoing economic reform efforts, the development of a foreign direct investment strategy, and new initiatives planned under the…

  The Egyptian Ministry of Youth and Sports announced on 24 April the launch of the national initiative competition “Control Z”, in cooperation with the United Nations Office on Drugs and Crime (UNODC). The competition is designed to support youth-led initiatives focused on preventing digital violence against women and girls.…

Soma Bay, Egypt – 28 April 2026: Sheraton Soma Bay proudly marked a significant cultural milestone with the successful launch of its first Painting Symposium Ceremony, held yesterday at 5:00 PM. The event commenced in the hotel’s elegant lobby area and concluded with an exclusive review of artworks created by…

Soma Bay, Red Sea, Egypt – 2026 — In a bold celebration of culture, creativity, and immersive guest experiences, Sheraton Soma Bay Resort proudly announces the launch of a unique on-site art residency, welcoming six award-winning Egyptian artists to create live paintings within the resort. This initiative marks a new…

Egyptian President Abdel Fattah Al-Sisi discussed expanding cooperation in education and technology with Hiroshima University President Mitsuo Ochi, underscoring the growing educational partnership between Egypt and Japan. According to the Egyptian presidency, Al-Sisi expressed appreciation for Egypt’s strong bilateral relations with Japan and praised the ongoing collaboration with Hiroshima University…

GE Vernova announced on Wednesday that it has secured an order from Middle Delta Electricity Production Company (MDEPC), an affiliate of Egyptian Electricity Holding Company (EEHC), to carry out upgrade and service projects at the Banha and Nubaria power plants. The scope of work includes two Advanced Gas Path (AGP)…

Contact Financial Holding announced on Wednesday the appointment of Manal Abdel Razek as Chairperson of its Board of Directors, effective 28 April, succeeding Hazem Moussa. Abdel Razek brings more than three decades of leadership experience across Egypt’s financial services sector, as well as the public and private spheres. She currently…